Super Senior Revolving Credit Facility definition

Super Senior Revolving Credit Facility means a revolving facility to be provided to certain Group Companies by a bank (initially Nordea Bank AB (publ)) being a party to the Intercreditor Agreement in an aggregate maximum commitment of the higher of (i) EUR 40,000,000 (or the equivalent amount in any other currency) and (ii) 0.8X Group EBITDA, (the Super Senior Headroom may be added to each such amount), for general corporate purposes (including for the avoidance of doubt acquisitions and working capital purposes) of the Group (and any refinancing, amendments or replacements thereof), amended or replaced from time to time (as the case may be).
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Super Senior Revolving Credit Facility means the EUR 35,000,000 credit and guarantee facility provided to the Issuer by Nordea Bank Danmark A/S and any permitted refinancing hereof in accordance with sub-clause (b)(1) of the definition of Permitted Debt.
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Super Senior Revolving Credit Facility means the senior secured revolving credit facility agreement entered into on July 25, 2014 among, inter alios, Unitymedia Hessen, as borrower, Credit Suisse AG, London Branch, as facility agent and as security agent, and certain banks and financial institutions as lenders, as amended or supplemented from time to time.
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Examples of Super Senior Revolving Credit Facility in a sentence

  • Super Senior Revolving Credit Facility On 27 November 2017, the Parent, with its subsidiaries acting as guarantors, arranged a credit facility with certain financial institutions for a maximum amount of EUR 15,000 thousand to finance its working capital.

  • In addition, certain subsidiaries of the Group entered into a £30.0m Super Senior Revolving Credit Facility.

  • In addition, certain subsidiaries of the Group entered into a £30.0m Super Senior Revolving Credit Facility and, on 26 March 2020, the Group completed a £30.0m drawdown from this facility.Debt issued and other borrowed funds includes publicly listed asset-backed securities and variable funding notes provided by a number of different investors.

  • In April 2020, we successfully reached an agreement with our majority lending banks under the €61m Super Senior Revolving Credit Facility to adjust the covenant calculation for the impact of COVID-19 through to the second quarter of 2021.• Implementation of NEXT initiatives, which were temporarily halted during the second quarter, as management focused on COVID-19 response, resumed in early July.

  • On April 1, 2021 CGG entered into a US$100 million Super Senior Revolving Credit Facility Agreement (“RCF”), secured by the same security package as the 2027 Notes.

  • In April 2020, we successfully reached a precautionary agreement with our majority lending banks under the €61m Super Senior Revolving Credit Facility to adjust the covenant calculation for the impact of COVID-19 through to the second quarter of 2021.

  • Supppose s + it is a local holomorphic coordinate centered at z0 and φ : U → R2n is a local chart centered at p ∈ M .

  • The Company has obtained consent from lenders under the €130 million Super Senior Revolving Credit Facility (SSRCF) to increase the ratio of Consolidated Total Net Debt to Consolidated EBITDA from 5.50:1 to 6.00:1 for the Relevant Period ending on 31 December 2015 only.

  • The Issuer shall procure that during each calendar year, there shall be a period of three(3) consecutive days during which the amount outstanding (and in respect of ancillaries, utilised or drawn) under the Super Senior Revolving Credit Facility Agreement (excluding guarantees), less Cash and Cash Equivalents of the Group, amounts to zero (0) or less.

  • The financial and other covenants contained in the Super Senior Revolving Credit Facility Agreement or in any future financing arrangements could limit the Group's future operations and the Group’s ability to pursue its business strategy, including acquisitions.In the event of a default under any of the Group's debt obligations, the lenders could terminate their commitments and require immediate repayment of the outstanding loans.


More Definitions of Super Senior Revolving Credit Facility

Super Senior Revolving Credit Facility means our super senior revolving credit facility described in “Description of Certain Other Indebtedness—The Super Senior Revolving Credit Facility”, as amended from time to time;
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Related to Super Senior Revolving Credit Facility

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Revolving Credit Facilities means the collective reference to the Dollar Revolving Credit Facility and the Alternative Currency Revolving Credit Facility.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • ABL Credit Facility means the senior secured asset-based revolving loan facility and the term loan facilities made pursuant to the ABL Credit Agreement.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • New Credit Facility is defined in Section 9.8.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Refinancing Revolving Credit Commitments means one or more Classes of Revolving Credit Commitments hereunder that result from a Refinancing Amendment.

  • Existing Revolving Credit Agreement means that certain Revolving Credit Agreement, dated as of August 29, 2018, among the Borrower, the other borrowers party thereto, the lenders and letter of credit issuers from time to time party thereto and Xxxxx Fargo Bank, National Association, as administrative agent (as amended, restated, supplemented or otherwise modified from time to time).

  • Principal Credit Facility means any loan agreement, credit agreement, note purchase agreement, indenture or similar document under which credit facilities in the aggregate original principal or commitment amount of at least $20,000,000 are provided for.

  • Exit Facility Credit Agreement means the credit agreement, in substantially the form attached to this Plan as Exhibit B or Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Debtors and the Required Consenting Creditors in the manner set forth in the Plan Support Agreement.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Credit Notes means the separate Revolving Credit Notes made by the Borrower payable to the order of each Lender, substantially in the form of Exhibit A hereto, evidencing the Credit Facility, and any amendments and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part; "Note" means any of such Revolving Credit Notes.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Revolving Facility means the facility under which Borrower may request Bank to issue Advances, as specified in Section 2.1(a) hereof.

  • Senior Credit Facilities means, collectively, the Senior ABL Facility and the Senior Term Facility.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • New Revolving Credit Commitments shall have the meaning provided in Section 2.14(a).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Revolver Notes means the promissory notes of the Borrower, substantially in the form of Exhibit B-1 hereto, evidencing the obligation of the Borrower to repay the Revolver Advances, together with all amendments, consolidations, modifications, renewals, substitutions and supplements thereto or replacements thereof and “Revolver Note” means any one of such Revolver Notes.

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.